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Issue 88: Still looking for blended solutions; Singapore’s Budget 2024 and the climate

Kenneth Lim
Published Fri, Feb 16, 2024 · 02:30 PM
    • Data by Convergence show Asia blended finance deal volumes rising in 2022, the only region in the world to see growth.
    • Data by Convergence show Asia blended finance deal volumes rising in 2022, the only region in the world to see growth. ILLUSTRATION: KENNETH LIM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    In this issue: Blended finance faces a scale challenge, while Singapore will have to consider decarbonisation-linked inflation as the government announces its new Budget.XXX

    Asia

    Blended finance’s promise

    A recent report by the US-based Institute for Energy Economics and Financial Analysis (IEEFA) and India’s auctusESG makes a familiar argument: Blended finance can help to unlock financing for the vast numbers of “unbankable” projects that are sorely needed to close the energy transition gap in developing countries.

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